Category: Trading Tips

6 Proven Habits of Successful Part-Time Traders

Want to see real profits without quitting your job? Use these 6 proven habits of successful part-time traders:🧵 The power of boring Successful traders embrace routine and consistency – Set trading hours – Follow a checklist – Stick to your plan Embrace the mundane. It’s where real progress happens The art of saying no Top…
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Linda Raschke: 7 Lessons on Building Winning Trading Strategies

Meet Linda Raschke. She’s the trader who transitioned from the trading floor to running her own fund. Her strategy development techniques have influenced traders worldwide. Here are 7 of her game-changing lessons on crafting winning trading strategies: 1/ Follow Price Action “Price is the ultimate indicator.” Base your strategies on price action Focus on price…
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6 Steps to Developing Your Trading Edge

This took me 10 years to master, I’ll teach it to you in 3 minutes: 🧵 Become a One-Market Master First Don’t spread yourself thin. Go deep instead. – Pick one market that fascinates you – Learn every quirk and pattern of this market – Become the go-to expert for this niche Test Your Ideas…
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Victor Sperandeo: 5 Lessons on Managing Risk in Trading:

Meet Victor Sperandeo. He’s the trader known as “Trader Vic” with a 45-year track record of success. His risk management strategies helped him to significantly minimize his losses. Here are 7 of his crucial lessons on managing risk in trading: – Strive for an optimal balance between risk and reward. – Use backtesting to predict…
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5 Steps: How to Develop the Mindset of a Profitable Trader

Want to develop the mindset of a profitable trader in just 30 days? Use these 5 psychology hacks: Practice “Inverse Thinking” Sometimes, knowing what not to do is more important. List all the ways you could fail at trading Avoid these mistakes to improve your chances Learn from other traders’ big errors Build Your “Mistake…
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Michael Steinhardt: 10 Lessons on Trading Discipline

Meet Michael Steinhardt. He’s the Wall Street legend who averaged 24.5% annual returns over 28 years. His risk management strategies have protected billions in investor capital. Here are 10 of his invaluable lessons on how to develop discipline in trading: Understanding Self-Discipline Discipline starts with self-awareness. Recognize and understand your emotional triggers. Develop strategies to…
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